In order to retain its employees the Wal-Mart uses its strategic financial position in the market by providing them with Wal-Mart stock at discounted rates as well as performance based bonuses and additional rewards in the form of monetary as well as fringe benefits.
In the recent years the company has also been actively perusing diversity in its workforce as well. The company is based on serving its customers, as well as the community it operates in. as a result any demographic and environmental change that takes place in its market and region of operation is reflected in its work force competition. In the recent years, the number of females hired by the company has increased, while around 15 percent of its employees over the age of 55. Similarly the company is also known for being one of the largest employers for Hispanic as well as African American employees.
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